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Judgment

Vista Del Mar Development Ltd v Janet Francis and Dwight Clarke - Judgment

[2016] CIGC (G) 247 · G 0247/2014 · 2016-09-20

Contract; Sale of Land; Specific Performance; Agreement by Purchasers to Commence and Complete; Construction within a Specific Time; Deed of Variation; Vendor's Option to Re-Purchase in the Event of Purchaser's Breach; Whether Option Valid and Enforceable; Whether Void for uncertainty; Whether Option Clause imposed primary or secondary obligation; Whether Penalty Clause; Whether Option void for perpetuity; Perpetuities Law (1999) Revision; Whether discretionary Bars, to remedy of Specific Performance; Laches, Unclean Hands. Specific performance of land sale agreement; Validity of re-purchase option clause; Alleged penalty clause, perpetuity, and laches

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